The answer is B (the activation energy for step 1 is greater than that for step 2).
Activation energy is the energy difference between the reactant(s) of a step and the transition state of that step. In the diagram, the first peak (from reactants to the 1st transition state) is much higher than the second peak (from intermediate X to the 2nd transition state), so \(E_{a(1)} > E_{a(2)}\).
• A: point X is a local energy minimum between the two peaks, so it is an intermediate (the alkoxide ion formed in step 1). Transition states are the local energy maxima.
• C: bond formation always releases energy, so forming the C-C bond is exothermic. Step 1 as a whole is endothermic (\(\Delta H_1 > 0\)) because it also breaks the C=O \(\pi\) bond.
• D: a reaction pathway diagram can be read from left to right or from right to left, since the reverse reaction always has a finite activation energy. So the diagram can never show that a reaction is not reversible.

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